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Shining Light on Farm & Food Policy for 20 Years.
Sunday, August 18, 2024
The Purdue University/CME Group Ag Economy Barometer for July indicated that farmers are slightly concerned about rising input prices and current conditions, but remain cautiously optimistic compared to this time last year.
The Purdue University/CME Group Ag Economy Barometer was down again in June, as farmers were feeling less optimistic about the state of their current and future production operations due to rising input costs.
Rising crop prices and an economy emerging from the doldrums of the COVID-19 pandemic are creating greater demand for fertilizer, tightening supply chains and boosting input prices considerably, industry officials and observers say.